Been here since BTC was $100—leaving this for the next generation. Satoshi flagged scalability and volatility: a fixed-supply asset isn’t ideal for daily payments or stable contracts. In 2009 he said price discovery would need a trusted party; years later EVM + oracles changed that. Ampleforth combines EVM with Chainlink to reference real-world value—once thought impossible.

https://www.theblock.co/post/303990/coinbase-ventures-ampleforth-flatcoin-spot-base-aerodrome-finance

Backed by Coinbase’s CEO, Ampleforth’s contributors have quietly built a resilient DeFi primitive, enabling tools like tranching—shifting central-bank-style functions into open systems. ampUSD, built on Ampleforth, is what Terra aimed for but missed: you can’t remove volatility; you must manage it, or black swans will appear when incentives align.

With the GENIUS Act putting stablecoins in the spotlight, AMPL’s utility matters. The projects that last will have real financial use cases—BTC, XMR, ETH, and here AMPL as collateral for ampUSD—pursuing a resilient, uncensorable stablecoin, unlike centralized, censorable options like USDC/USDT and others with liquidation risks.

say whatever you want, but you can check the track of the ampl ecosystem and can only reach one conclusion.

>>60729899 (OP)
>say whatever you want,
Alright, I'll say whatever I want: you are a drooling RETARD, no one gives a shit about your 2020 DeFi summer abandonware and you're not fooling anyone by pretending you're an oldfag.

Finally, stay in your third world shithole and do not ever ever come to Europe.

>>60729899 (OP)
scampleshart

>>60729899 (OP)
Is BTC still worth investing in?

>>60729899 (OP)
>Ampleforth
I once made 70% in a single day with this thing
biggest arbitrage of my entire life

>>60729931
cash is not an investment

>>60729912
A demoralization attempt is the best signal, smart money wants to buy even lower

>>60729937
I've been arbitraging AMPL/SPOT the entire year and it outperforms any LP out there

https://forumserver.twoplustwo.com/30/business-finance-investing/bitcoins-digital-currency-1011408/

Here is a megathread of 10’s of thousands of posts going back to 2011. 2+2 is a poker site but they have different categories is different types of things like “Business Finance and Investing.

>>60730267
And this is the “bitcoins” thread in Business finance and investing. It’s funny reading the early posts

>>60730269
Those posts are eerily similar to modern posts, obviously there are more moonboys now, but the general speculation/doubt is still present.

>>60730273
Yup

This thread fucking glows. You JIDF or some shit?

>>60730267
this thread made multi millionaires and billionaires and suicides

what a curse to know that you could've been loaded, fucking bitches on your yacht, everyday, if you had just bought as much as possible

>>60730267
That's amazing, that one guy mined 400 coins in a month & people are wondering if it's even worth it, now it's worth 45 million.

>>60729899 (OP)
>a resilient DeFi primitive

>AI slop thread gets 16 replies
you're all retards

>>60729899 (OP)
I thought ampleforth was a scam token with handwavy "rebases" that never helped you.

>>60731970
>Rai: Building a money god
https://www.youtube.com/watch?v=kDCqiZd4xkI
is an actual stable coin pegged to value of ITSELF, NOT usd.

I did not expect this to be a scampleforth thread when i clicked it lel baggies

>>60729899 (OP)
>atoshi flagged scalability and volatility: a fixed-supply asset isn’t ideal for daily payments or stable contracts.
Satoshi's Bitcoin was intended to never have a cap and to grow infinitely over time but this was changed in 2013 or 2014 or something by some guy on the core dev team.

>>60734218

That's not the problem itself, the problem with bitcoin was that it doesn't know the price of itself to adjust the supply, you don't want it to just grow infinitely

>>60729899 (OP)
XMR will be used for daily payments (with all of the privacy properties that cash used to have) and the tail emission solves the supply problem.

>>60729899 (OP)
Why is ampUSD better than DAI? Am I wrong to conclude that it probably will be controlled by Coinbase's best interests or be regulated more than DAI could be?

>>60734388
checked and it's not. watch the video here >>60734164 for a real fully decentralized dollar-type asset.
amp is controlled
and dai is tightly woven into eth with its recursive structuring - too much slippage and the whole ecosystem untangles.

>>60734388
DAI in the past has needed bailouts, in Ampl case, SPOT achieved something extraordinary, when it encountered a severe sell off, certainly some demand left the system. The system did not shatter though, it was able to endure the sell off and re-equilibrate at a slightly lower level- while able to function again normally.

Also the fact that it needs to be over-collateralized to work and if you look deep enough you realize DAI governance isn't that decentralized

>>60734388
Regarding your governance question, FORTH was launched to prevent a centralization and a single party control of the Ampl so in essence if somebody wanted to control it you would face the same problem/question that any governance has and that's not specific to Ampl.

Also another thing that ampUSD has that DAI doesn't is user-set interest rates, users control their borrowing costs, they can set interest rate and adjust it at any time

Most fud in this thread is just 'scamplefilth' talk and no solid arguments against it, but I'm not surprised at all since /biz/ has lowered it's quality long time ago, we're actually at the lowest point of post per day this board has seen

>>60734626
>amp is controlled
Can you elaborate on this or are you just saying something without basis to divert into Rai? I would be happy to see evidence of this

>>60734377
>tail emission
low iq confirmed

>>60734757
I don't hold either btw.
on ampleforth being coinbase controlled: https://www.theblock.co/post/303990/coinbase-ventures-ampleforth-flatcoin-spot-base-aerodrome-finance
Ample still thinks of itself in terms of USD.
RAI is just a weirder, more autistic project.
>RAI is a non pegged, ETH backed stable asset built by Reflexer. It is the first asset of its kind that, instead of being pegged to a specific target such as the USD, it freely floats while it’s being influenced by market forces. RAI’s mission is to become a crypto native and governance minimized stable asset that is detached from fiat.
RAI tries to shed USD as a concept entirely and think of ETH.
DAI is also bound by USD, since it tries to only be $1.
Here is why DAI is sketch: https://liquidloans.medium.com/dai-of-maker-dao-exposing-the-risks-of-the-decentralized-stablecoin-f7e17b0a017f - actually now I think the USDC is *significantly* lessoned with DAI so it's probably healthier. Still inherently bound in USD thinking though.

>>60734961
The complexity of RAI doesn't make it better just because it's more complex, a derivated financial asset (ampUSD) is exactly why it's better, when you say

>Ample still thinks of itself in terms of USD.

It's because it's just a point in time-space, the purchasing power of a dollar in 2019, you get a unit of account, you don't get that with RAI, I'm not dismissing RAI utility, it has value in DeFi, they just have different goals

>>60734626
They are both good project but I think what OP is trying to share is the upside potential (x100) of AMPL and how it's under the radar for most people since it's just a ticking bomb until ampUSD launches and all the normies get into it, I went to the discord and there seems to be also a ampli.money being built ala MicroStrategy,

whats the make it stack?

There is absolutely nothing wrong with a fixed supply bitcoin. This criticism is always made within the framing of Keynesian economics. You see it being invoked all the time, for example the Greek economist Varoufakis makes idiotic criticisms of bitcoin not being able to expand its money supply on demand, and lacking a central oracle (he doesn't understand the point of blockchains or decentralisation at all).

Keynesian economists, and more broadly liberals in general, believe that the function of an economy should be to incentivise consumption. Consumption is the engine that drives their economy. Thus if consumption reduces the money supply must be increased to drive consumption back up. People saving too much money is bad for consumption. Generational wealth is bad, low time preference is bad, investing into hard assets is bad etc. They want to preserve the status quo, they are useful idiots trained in school to protect the power of central and commercial banks.

There is nothing wrong with bitcoin's capped supply. Its value will adjust to the needs of the economy, and this will incentivise saving and reduce consumption. It prevents government and banks from colluding to steal money from people via printing. It lets poorer people accrue wealth. That's why they hate it. A fixed supply decentralised asset is the kryptonite to Keynesians.

>>60735594
What is going to pay miners?

>>60735634
Learn how bitcoin works before asking stupid questions

>>60735594


It's not 'wrong', it just has limited financial capabilities.

>“fixed supply solves everything”

forget that unit of account matters, try signing a 10-year salary/lease in BTC

BTC = great savings
AMPL = sane long-term contracts

>>60735653
>AMPL
Thanks for shilling a complete shitcoin tied to a a currency that loses 10% value every year. Constructive.

>>60735649
I know how Bitcoin works. What will pay miners when block rewards keep dropping exponentially?
>inb4 muh fees
Picrel. Never happened, and no reason it ever will.

>>60735594
Don't get me wrong, I don't think BTC is not useful, just as the internet had it's own protocols in its inception, without TCP/IP we would not be talking here right now, you could make the case that Ampl is kinda like NTP, a system that periodically align to an exogenous signal.

You're completely missing the point though when you keep mentioning the usd-tied to argument, it doesn't matter if it tracks the 2019 USD or the Yuan, whatever, it's just a point in time that tracks a X amount of value since the oracle is not a single input

>>60735693
TCP/IP.
Internet Computer Protocol lads.

>>60729899 (OP)
>„I don't know a way for software to know the real world value of things”

GOOD THING SATOSHI "MOVED TO OTHER THINGS" AND CREATED DECENTRALIZED ORACLE NETWORKS THAT DO EXACTLY THAT

>>60736647
oh fuck off with your bullshit erc shitcoin

60729899
AI slop

>>60735451
how is ampUSD going to 100x if it's supposed to be stable?
>>60735319
thank you.

>>60738081
AMPL is not the stable, it's just the first decentralized unit of account due to the rebase, SPOT is the flatcoin, ampUSD is the stablecoin, in theory of this thread is assuming ampUSD will need AMPL to be used as collateral and that will drive the demand of AMPL

>>60735672
even as a btc maxi, no one has ever given me an answer on this. fees can in no way make up all the block rewards. it would need to cost 5k / txn for it to happen.
the ONLY option i see is some layer 2 that can aggregate 100 transactions into 1 to save space and then it settles on layer 1 adding up all transaction costs

>>60739970
truth is nobody knows. the economic model works as long as bitcoin continues to print the gains it has

but at some point it would become economically viable for large players like mstr to contribue to the network even if its running at a loss if security becomes an issue

>>60729912
>do not ever ever come to Europe.
what does she mean by this?

> brown ID
discarded

>>60740543
OCPD CONFIRMED EUROPOOR AHHHHA HHA HHHA HHHAHHAHH AHH

>>60735594
we have centuries of objective evidence that economic expansion requires demand and demand is stimulated by spending

Satoshi Nakamoto translates to central intelligence.

>>60741097
I had this hunch early on that bitcoin was two fold a profit vehicle for glowies and their cool and new surveillance device

>>60739970
how about you go and try to find the answer yourself for once in your useless existence? I bet you dont even know anything that happened in the last 2 years on the chain.

>>60741085
That's why supply expansion but also contraction is the wet dreams of Hayek, it doesn't need to be stimulated, Ampl just reacts to the needs of the economy, a perfect elastic supply to adjust to the size of it

Once you get it, you just accumulate Ampl, there's no 'make it stack', it's just a game of how much market % of the defi 'federal reserve' you want to own

>>60729899 (OP)
Bullish for XRP

>>60739950
which one is the 100x?

>>60744372
Ampl has the upside potential
SPOT is your store of value
ampUSD is your stablecoin

>>60744659
AMPL chart is very spiky. Is it rebasing?>>60742892
can you explain what AMPL does in 3 sentences?